73-75 Kremzow RoadBrendale QLD 4500
Property Details for 73-75 Kremzow Rd, Brendale
Last Listing description (May 2024)
RWC Queensland is pleased to offer 73-75 Kremzow Road, Brendale for sale via Public Auction Thursday 02 May 2024, 3pm (AEST).
Nestled within Brendale's thriving industrial landscape, 73-75 Kremzow Road offers a prime investment opportunity. This property comprises three units totaling 2,415sqm*, constructed with secure tilt panel construction, ensuring both durability and longevity. Strategically positioned along Kremzow Road, it boasts a commanding 78m street frontage. Tenants include Architectural Windows and Doors occupying two units, and Stoke Furniture leasing the largest unit until 2028. Brendale's reputation for attracting leading businesses ensures stable occupancy, with low vacancy rates indicating strong demand. Ideal for investors seeking stable returns in Brendale's dynamic commercial real estate market.
Property Features:
• $317,967.42 net annual income + outgoings + GST
• Outgoings 100% recoverable
• Three units totaling 2,415sqm*
• 3,901sqm* Regular shaped allotment
• 2.5 year WALE
• Prominent location with 78m street frontage along Kremzow Road
• Secure tilt panel construction offering low maintenance requirements
• Potential rental uplift
• Low vacancy rates reflecting strong demand in the area.
In a market characterised by stability and growth potential, this property presents an enticing opportunity for investors aiming to capitalise on Brendale's dynamic industrial sector.
The auction will be held In-Rooms at Level 26/111 Eagle Street, Brisbane at 3:00pm (AEST).
Please contact the exclusive marketing agents from RWC Queensland to arrange an inspection.
*Approximately
Property History for 73-75 Kremzow Rd, Brendale, QLD 4500
- 02 May 2024Sold for $6,315,000
- 08 Apr 2024Listed for Sale For Sale via Public Auction
- 02 Feb 2023Listed for Rent - Price not available
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0About Brendale 4500
The size of Brendale is approximately 10.7 square kilometres. It has 23 parks covering nearly 14.9% of total area. The population of Brendale in 2011 was 1,846 people. By 2016 the population was 2,762 showing a population growth of 49.6% in the area during that time. The predominant age group in Brendale is 20-29 years. Households in Brendale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Brendale work in a clerical occupation. In 2011, 56.3% of the homes in Brendale were owner-occupied compared with 40% in 2016.
Brendale has 3,082 properties. Over the last 5 years, Houses in Brendale have seen a 92.08% increase in median value, while Units have seen a 109.14% increase. As at 30 November 2024:
- The median value for Houses in Brendale is $807,203 while the median value for Units is $591,510.
- Houses have a median rent of $550 while Units have a median rent of $510.
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